1d ago
KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.
2d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued to rally ahead of the release of the United States’ July non-farm payrolls (NFP) data later today, which will influence the Federal Reserve rate increase expectations for September, analysts said.
2d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.
2d ago
By Karina Imran
KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst.
2d ago
KUALA LUMPUR, Aug 7 (Bernama) -- Theta Edge Bhd's share price surged 10.56 per cent on Friday morning after its joint venture (JV) with Malaysian Resources Corporation Berhad (MRCB) (the MRCB-Theta Edge JV) won a RM3.03 billion contract for the construction of the Mutiara Line Light Rail Transit (LRT).
2d ago
By Nur Fadhliana Shaari
JOHOR BAHRU, Aug 7 (Bernama) -- Starting with just one sack of potatoes a day - enough to produce 150 packs (900 pieces) of “bergedil” or stuffed tofu puffs, local food enterprise TahuXTahu, which began operations in 2017, has achieved remarkable growth.
2d ago
KUALA LUMPUR, Aug 7 (Bernama) -- The stronger financial performance of Lembaga Tabung Haji (TH) at present is the result of institutional reforms implemented since its restructuring, including the implementation of 75 per cent of the recommendations made by the Royal Commission of Inquiry (RCI), according to an economist.
3d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains today, building on the previous session's sharp rally as the weaker US dollar continued to underpin demand for the precious metal.
3d ago
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.
3d ago
KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia offers one of the region's strongest business environments, underpinned by a sound fiscal framework, making it an attractive investment destination for foreign investors, according to BMI, a Fitch Solutions company.
4d ago
KUALA LUMPUR, Aug 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the higher gold prices in the US Commodity Exchange (COMEX).
4d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.